Bandhan Bank Low Risk High Reward Tripple ZigzagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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I am holding this stock so my analysis could be biased. So do your own study or ask your financial advisors before investing.
Bandhan Bank in parallel channel right and making Tripple Zigzag pattern, now looks in longer consolidation zones, it will take time to come out of it.
Long can be initiated near 280 Stop loss 250 for targets 450-480.
After that another dip can be seen then it would give breakout of channel.
